**REGISTERED CHARITY NUMBER: 1165261**
## **Report of the Trustees and**
**Unaudited Financial Statements for the Year Ended 31 December 2022**
## **for**
**Bury Hebrew Congregation**
R Zoltie & Co Suite 43 Flexspace Manchester Road Bolton BL3 2NZ
**Bury Hebrew Congregation**
**Contents of the Financial Statements for the Year Ended 31 December 2022**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|2|
|**Independent Examiner's Report**||3||
|**Statement of Financial Activities**||4||
|**Balance Sheet**||5||
|**Notes to the Financial Statements**|6|to|10|
|**Detailed Statement of Financial Activities**|11|to|12|
**Bury Hebrew Congregation**
## **Report of the Trustees for the Year Ended 31 December 2022**
The trustees present their report with the financial statements of the charity for the year ended 31 December 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The objects of the Congregation shall be:
(a) To provide for people of the Jewish faith, a place of worship, religious services, religious education, and marriage and burial facilities, at such a scale of fees as may be laid down from time to time; and
(b) In furtherance of the primary object, to provide social and cultural facilities compatible with an Orthodox Congregation.
## **Public benefit**
The synagogue was established as a place of worship. Services are held 3 times a day and are open to all whether a person is a fee paying member or not. Study is available in many forms and we have a free library of tapes and books.
Also, we are a social centre for the Community with activities for young and old. Events are usually connected to Festivals, as well as the Brownies and Friendship Group which meet weekly. Also, The Jewish Theatre Group holds rehearsals & productions in the building.
The synagogue hall is used for Weddings and other celebrations.
Led by the Rabbi we offer help to those who are ill and those who are bereaved. Visits to hospitals and homes are made. Meals are prepared and delivered and prayers are said.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
As reported in previous years, the past 12 months has seen an even bigger decline in the Synagogue membership due to the age demographics. There is little influx of new residents and some families have moved to other parts of Manchester and the UK in general. As a result we are now operating with only 3 services per week. Our volunteer choir is still operating to ensure our Sabbath and High Holy Day services are appealing and engaging. Our core membership who are very committed to the Synagogue is reducing but they continue to be the lifeblood of our services. Our social committee still put on events to raise money for the Synagogue but this is becoming harder.
Nevertheless, other activities continue on the premises including Brownies, the Jewish Theatre Company and Choir, the Manchester Jewish Soccer League, a very active men’s discussion group, the League of Jewish Women, plus other fund-raising events for the community in general.
## **FINANCIAL REVIEW**
## **Financial position**
As membership is declining, so does our income and it is becoming harder to offset this. The building is in constant need of repairs and so we continue to operate strict cost controls, tight governance and a focus on other areas that generate income to support our activities as above. Where expenditure is needed we will often try to get this sponsored by voluntary donations where appropriate. Operating costs continue to rise (utilities mainly) although this year we have negotiated new utility contracts, but funeral costs are hard to predict. The Trustees are committed to ensure the continuance of the synagogue through good fiscal management and the continued use of the building as a community facility as well as a place of worship.
## **Reserves policy**
The charity does not have a reserves policy in place. On an annual basis, the Trustees aim to balance expected expenditure with income and subscriptions are set to achieve this aim.
At 31 December 2022 the total reserves of the charity are £457,553. However £595,839 are restricted with free, unrestricted resources of £(138,286). Of the restricted funds £550,885 is in the Burial Fund which is there to meet the funeral and associated obligations of its members.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
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**Bury Hebrew Congregation**
**Report of the Trustees for the Year Ended 31 December 2022**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Organisational structure**
The Congregation shall be governed by an Executive Committee and Board of Management. The Executive Committee shall consist of 5 elected members and is subject to the direction of the Board of Management. The Board of Management shall consist of a maximum of 9 elected members together with the officers and retiring officers of the Executive Committee. No person shall be eligible for nomination to the Board of Management until he has been a member of the Congregation for at least 12 months. No member shall be nominated for Executive Office unless he has served as a member of the Board of Management for at least 2 years unless otherwise expressly agreed at an Annual General Meeting.
The Annual General Meeting of the Congregation shall elect the Executive Committee and Board of Management. The Annual General meeting may also confirm that a past member of the Executive Committee may become Hon. Life President (retiring Chairman only) or Hon. Life Vice President.
There shall be 4 elected Trustees. No member of the Congregation shall be eligible for election as a Trustee unless he has served at least 2 years on the Board of Management or is a current member of the Board of Management.
The trust properties shall be vested in the names of the Congregation and the Trustees.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1165261
**Principal address** Sunnybank Road Bury BL9 8ET
## **Trustees**
I Joseph H Kaye Mrs S Curtis (deceased 27/3/2022) Mrs A Isaacson Mrs S Joseph S Kay B Myer A Padwell M Shayovitz A Taylor Mrs N Goldstone M A Cowan H Levy
## **Independent Examiner**
R Zoltie & Co Suite 43 Flexspace Manchester Road Bolton BL3 2NZ
## **EVENTS SINCE THE END OF THE YEAR**
Information relating to events since the end of the year is given in the notes to the financial statements.
Approved by order of the board of trustees on 12 March 2024 and signed on its behalf by:
I Joseph - Trustee
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**Independent Examiner's Report to the Trustees of**
## **Bury Hebrew Congregation**
## **Independent examiner's report to the trustees of Bury Hebrew Congregation**
I report to the charity trustees on my examination of the accounts of Bury Hebrew Congregation (the Trust) for the year ended 31 December 2022.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
R Zoltie
R Zoltie & Co Suite 43 Flexspace Manchester Road Bolton BL3 2NZ
15 March 2024
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## **Bury Hebrew Congregation**
## **Statement of Financial Activities for the Year Ended 31 December 2022**
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
74,311
Other trading activities
2
2,210
Investment income
3
850
Other income
4,000
**Total**
81,371
**EXPENDITURE ON**
**Charitable activities**
4
Charitable activities
106,239
**NET INCOME/(EXPENDITURE)**
(24,868)
**RECONCILIATION OF FUNDS**
Total funds brought forward
(113,418)
**TOTAL FUNDS CARRIED FORWARD**
(138,286)|Restricted
funds
£
38,087
-
310
-
38,397
25,135
13,262
582,577
595,839|2022
Total
funds
£
112,398
2,210
1,160
4,000
119,768
131,374
(11,606)
469,159
457,553|2021
Total
funds
£
106,598
400
587
4,000
111,585
130,389
(18,804)
487,963
469,159|
|---|---|---|---|
The notes form part of these financial statements
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## **Bury Hebrew Congregation**
## **Balance Sheet 31 December 2022**
|Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
7
336,570
**CURRENT ASSETS**
Debtors
8
10,707
Cash at bank
89,564
100,271
**CREDITORS**
Amounts falling due within one year
9
(15,016)
**NET CURRENT ASSETS**
85,255
**TOTAL ASSETS LESS CURRENT LIABILITIES**
421,825
**NET ASSETS**
421,825
**FUNDS**
10
Unrestricted funds
Restricted funds:
Building Fund
Burial Levy
Burial Fund
**TOTAL FUNDS**|Restricted
funds
£
-
5,967
31,334
37,301
(1,573)
35,728
35,728
35,728|2022
Total
funds
£
336,570
16,674
120,898
137,572
(16,589)
120,983
457,553
457,553
(138,286)
18,417
26,537
550,885
595,839
457,553|2021
Total
funds
£
338,786
14,394
133,029
147,423
(17,050)
130,373
469,159
469,159
(113,418)
18,417
26,537
537,623
582,577
469,159|
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 12 March 2024 and were signed on its behalf by:
I Joseph - Trustee
The notes form part of these financial statements
-5-
**Bury Hebrew Congregation**
**Notes to the Financial Statements for the Year Ended 31 December 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Financial reporting standard 102 - reduced disclosure exemptions**
The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided Burial plots - not provided Sifrei Torah & Appurtenances - not provided Fixtures and fittings - 20% on cost and 10% on reducing balance
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
## Burial Levy and Burial Fund
This represents funds raised for the provision of funeral and associated services on the death of a member of the Burial Fund. The Burial Levy ceased raising income on 30 June 2010.
## Building Fund
This represents funds raised specifically to be used for the maintenance and repair of the Synagogue building.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
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**Bury Hebrew Congregation**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022**
|**2.**
**OTHER TRADING ACTIVITIES**
Hall income
**3.**
**INVESTMENT INCOME**
Deposit account interest
**4.**
**CHARITABLE ACTIVITIES COSTS**
Charitable activities
**5.**
**TRUSTEES' REMUNERATION AND BENEFITS**
Trustees' salaries|Direct
Costs
£
131,074|2022
£
2,210
2022
£
1,160
Support
costs
£
300
2022
£
12,804|2021
£
400
2021
£
587
Totals
£
131,374|
|---|---|---|---|
||||2021
£
10,766|
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.
## **6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
||Unrestricted|Restricted|Total|
|---|---|---|---|
||fund|funds|funds|
||£|£|£|
|**INCOME AND ENDOWMENTS FROM**||||
|Donations and legacies|76,791|29,807|106,598|
|Other trading activities|400|-|400|
|Investment income|430|157|587|
|Other income|4,000|-|4,000|
|**Total**|81,621|29,964|111,585|
|**EXPENDITURE ON**||||
|**Charitable activities**||||
|Charitable activities|102,286|28,103|130,389|
|**NET INCOME/(EXPENDITURE)**|(20,665)|1,861|(18,804)|
|**RECONCILIATION OF FUNDS**||||
|Total funds brought forward|(92,753)|580,716|487,963|
|**TOTAL FUNDS CARRIED FORWARD**|(113,418)|582,577|469,159|
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**Bury Hebrew Congregation**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022**
## **7. TANGIBLE FIXED ASSETS**
|Sifrei
Freehold
Burial
Torah &
property
plots
Appurtenances
£
£
£
**COST**
At 1 January 2022 and
31 December 2022
286,134
6,165
24,330
**DEPRECIATION**
At 1 January 2022
-
-
-
Charge for year
-
-
-
At 31 December 2022
-
-
-
**NET BOOK VALUE**
At 31 December 2022
286,134
6,165
24,330
At 31 December 2021
286,134
6,165
24,330
**8.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Gift aid tax recoverable
Other debtors
**9.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Taxation and social security
Other creditors
**10.**
**MOVEMENT IN FUNDS**
At 1.1.22
£
**Unrestricted funds**
General fund
(113,418)
**Restricted funds**
Building Fund
18,417
Burial Levy
26,537
Burial Fund
537,623
582,577
**TOTAL FUNDS**
469,159|Fixtures
and
fittings
£
102,250
80,093
2,216
82,309
19,941
22,157
2022
£
10,000
3,600
3,074
16,674
2022
£
1,573
2,700
12,316
16,589
Net
movement
in funds
£
(24,868)
-
-
13,262
13,262
(11,606)|Totals
£
418,879
80,093
2,216
82,309
336,570
338,786
2021
£
10,000
2,480
1,914
14,394
2021
£
1,573
461
15,016
17,050
At
31.12.22
£
(138,286)
18,417
26,537
550,885
595,839
457,553|
|---|---|---|
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**Bury Hebrew Congregation**
**Notes to the Financial Statements - continued for the Year Ended 31 December 2022**
## **10. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Burial Fund
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
**Restricted funds**
Building Fund
Burial Levy
Burial Fund
**TOTAL FUNDS**|Incoming
resources
£
81,371
38,397
119,768
At 1.1.21
£
(92,753)
18,417
26,537
535,762
580,716
487,963|Resources
Movement
expended
in funds
£
£
(106,239)
(24,868)
(25,135)
13,262
(131,374)
(11,606)
Net
movement
At
in funds
31.12.21
£
£
(20,665)
(113,418)
-
18,417
-
26,537
1,861
537,623
1,861
582,577
(18,804)
469,159|
|---|---|---|
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Burial Fund
**TOTAL FUNDS**|Incoming
resources
£
81,621
29,964
111,585|Resources
Movement
expended
in funds
£
£
(102,286)
(20,665)
(28,103)
1,861
(130,389)
(18,804)|
|---|---|---|
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**Bury Hebrew Congregation**
**Notes to the Financial Statements - continued for the Year Ended 31 December 2022**
## **10. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Building Fund
Burial Levy
Burial Fund
**TOTAL FUNDS**|At 1.1.21
£
(92,753)
18,417
26,537
535,762
580,716
487,963|Net
movement
in funds
£
(45,533)
-
-
15,123
15,123
(30,410)|At
31.12.22
£
(138,286)
18,417
26,537
550,885
595,839
457,553|
|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|162,992|(208,525)|(45,533)|
|**Restricted funds**||||
|Burial Fund|68,361|(53,238)|15,123|
|**TOTAL FUNDS**|231,353|(261,763)|(30,410)|
## **11. RELATED PARTY DISCLOSURES**
During the year, Trustees made donations or paid subscriptions totalling £3,539 to the charity.
## **12. POST BALANCE SHEET EVENTS**
The continuing COVID-19 pandemic still affects the Synagogue in various ways. The Synagogue premises have remained partially closed and alternative arrangements have been put in place to allow the members to participate in a limited range of services and to support the community, primarily using Zoom as the core technology. The situation is continually under review and a further expansion of the arrangements will be introduced whilst still in full compliance with Government regulations and guidance from the Office of the Chief Rabbi. It is anticipated that when full re-opening is permitted, with no restrictions, it will take many months for attendance levels to return to normal due to ongoing concern over Covid 19.
-10-
**Bury Hebrew Congregation**
## **Detailed Statement of Financial Activities for the Year Ended 31 December 2022**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Gift aid
Subscriptions
Admissions
**Other trading activities**
Hall income
**Investment income**
Deposit account interest
**Other income**
Service charge - Burial fund
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Trustees' salaries
Wages
Social security
Pension contributions
Ground rent
Insurance
Light and heat
Telephone
Printing, postage and stationery
Advertising
Sundries
Cleaning and laundry
Repairs and renewals
Catering costs
Prayer books, etrogim, religious material and
presentations etc
Funeral expenses
Bank charges
Service charge
Water rates
Internet charges
Computer running costs
Credit card charges
Donations
Subscriptions
Security
Plaques
Payroll charges
Fixtures and fittings|2022
£
3,799
9,804
91,795
7,000
112,398
2,210
1,160
4,000
119,768
12,804
41,191
1,866
1,159
347
5,683
13,236
1,291
611
115
(267)
5,151
9,974
3,503
1,827
21,135
77
4,000
340
60
1,221
584
820
-
1,983
75
72
2,216
131,074|2021
£
420
9,990
96,188
-|
|---|---|---|
|||106,598
400
587
4,000|
|||111,585
10,766
39,071
1,618
594
335
4,707
6,130
723
473
-
603
3,320
23,567
1,623
977
24,103
101
4,000
306
210
1,042
502
200
293
1,943
60
360
2,462|
|||130,089|
This page does not form part of the statutory financial statements
-11-
**Bury Hebrew Congregation**
## **Detailed Statement of Financial Activities for the Year Ended 31 December 2022**
||2022|2021|
|---|---|---|
||£|£|
|**Support costs**|||
|**Governance costs**|||
|Independent Examiner|300|300|
|Total resources expended|131,374|130,389|
|**Net expenditure**|(11,606)|(18,804)|
This page does not form part of the statutory financial statements
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